Vehicle Insurance is meant for covering the policy holder in case of financial losses resulting from an accident or other damages, sustained by the insured vehicle. A comprehensive motor insurance policy covers damages to third-party property along with compensating for own damage as well. A Third party insurance is made mandatory for all vehicles in India. It offers protection against damages to the third-party by the insured vehicle. Third party insurance will not pay any compensation, if the accident was caused due to drunken driving. We offer the best products if you are looking for vehicle insurance in Trivandrum.
Types Of Vehicle Insurance
Private Car Policy :Private car insurance is a type of vehicle insurance that covers personal car. A comprehensive private car insurance policy will cover any financial losses incurred by an accident or natural disaster, whatever the case may be. A customer can opt for various add-on plans such as zero depreciation, engine protector, emergency assistance, cost of consumables, etc.
Commercial Vehicle Insurance: Commercial vehicle insurance covers the financial losses incurred by some accident or any other unfortunate event like a natural calamity. It covers the financial loss and legal liability towards third-parties for bodily injury, death etc, on account of any accident involving the vehicle.
A commercial vehicle policy does not cover personal vehicles used for business purposes unless that is their primary use.Trucks, Public carriers, goods transporting vehicles, taxis, trailers, three wheeler autos, buses, miscellaneous and special type of vehicles are covered by this policy.
Commercial vehicle insurance is a bit more expensive when compared to a private car policy. It covers costs of accidents involving business-owned vehicles.
Two Wheeler Policy: It covers financial losses to the vehicle due to accidental loss or damage; the legal liability, of third-parties in event of bodily injury, death, or property damage. These policies also give add-on riders like nil depreciation , roadside assistance etc.
Trivandrum has a number of authorized vehicle service centers and garages. So a vehicle insurance in Trivandrum most probably gives cashless facility.